L3Harris To Acquire Viasat’S Tactical Data Link Business

Oct 03, 2022•almost 3 years ago

Acquiring Company

L3Harris Technologies

Acquired Company

Viasat

MelbourneManufacturing

Description

L3Harris Technologies (NYSE:LHX) today announced the signing of a definitive agreement to acquire Viasat, Inc.’s (NASDAQ: VSAT) Tactical Data Links (TDL) product line for approximately $1.96 billion, subject to customary adjustments.

Company Information

Company

L3Harris Technologies

Location

Melbourne, Florida, United States

About

L3Harris Technologies is the Trusted Disruptor in the defense industry. With customers’ mission-critical needs always in mind, our employees deliver end-to-end technology solutions connecting the space, air, land, sea and cyber domains in the interest of national security. Visit L3Harris.com for more information.

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M&A Insights

Based on deal data

Integration timeline

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Tech stack consolidation

83% of merged companies consolidate technology vendors within first year

Post-acquisition investment

Companies increase IT spending by 23% on average after acquisitions

Success factor

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